• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Breaking News

EFCC obeys Court order, presents Emefiele for bail hearing 

Cyrus Ademola by Cyrus Ademola
November 8, 2023
in Breaking News, Legal & Regulations
EFCC obeys Court order, presents Emefiele for bail hearing 
Share on FacebookShare on TwitterShare on Linkedin

The Economic and Financial Crime Commission (EFCC) has succumbed to the court ruling ordering it to produce the former CBN governor, Godwin Emefiele before the high court in Abuja.  

Justice Olukayode Adeniyi, in a ruling made on November 2, directed the anti-graft agency to either release Emefiele, who had been in custody since June 9, or to produce him in court for a bail decision. 

However, at the resumed proceeding in the matter on Monday, the anti-graft agency failed to present before the court in Abuja the embattled former CBN governor. 

MoreStories

Federal High Court

Court jails two Chinese 46 years for N3.4bn, $2.5m cyberterrorism and internet fraud  

February 11, 2026
National Pension Commission

PenCom raises equity investment limits for RSA Funds to ease liquidity pressure

February 10, 2026

Meanwhile, Justice Adeniyi restated his directive on Monday, making it clear that the detained former CBN governor is to be in court today, November 8, for the purpose of bail proceedings or for the EFCC to release him.

Backstory  

Emefiele has been in detention since June 10, charged with procurement fraud, but his trial has stalled since August when the Department of State Services failed to present him in court to enter a plea. 

He was initially detained by the Department of State Services (DSS) but the EFCC, a government anti-corruption agency, said on Monday he had now been in their custody for a week. 

Emefiele, who has not commented publicly on the case, was suspended by President Bola Tinubu on June 9 and was arrested a day later by the DSS. 

He resigned in August, paving the way for the appointment of new central bank governor Olayemi Cardoso in September. 

The court today will hear the bail proceeding of the former CBN governor.  

Earlier, Justice Adeniyi had in the alternative directed the anti-graft agency to on its own grant bail to Emefiele or allow the court to do so in line with provisions of the law on fundamental human rights. 


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Godwin Emefiele
Cyrus Ademola

Cyrus Ademola

  • Cyrus Ademola is an energy and economy analyst with over half a decade experience in journalism, research-based oped, economic reportage and energy analysis. His works have been featured on different media outlets, covering from oil and gas to business trends.

Next Post
Customs seizes 13 trucks of foreign rice, others worth N1.2 billion

Customs seizes 13 trucks of foreign rice, others worth N1.2 billion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics